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CFMS

CFMS is comprehensive Chit Fund Management Software especially designed for chit fund firms.
Symphony’s Chit Fund management system is full-featured application software for managing all
types of chit projects. It keeps records of all chits which are executed by the chit fund firms. It
keeps records of members names, addresses, phone nos. and others valuable details i.e. family
members detail, other corresponding addresses, agent details, bank details and others. It keeps
track of amount receivable / received against installments. It provides the followings:
� Better control mechanism to handle the different types of Chit projects.
� Provides Transparency, Efficiency & Accuracy: Full accurate visibility into the projects
� Provides the greater insight into your chit project portfolio.
� Supports all phases of the life cycle of Chit Fund Projects i.e. Project Creation Phase,
Installment
Phase, Payment Received Phase, Ticket Transfer Phase & Payments Tracking Phase
Features of CFMS
� Multi workstation environment
� Password protected environment
� Multiple chit projects handling capabilities
� Minimum data entry requirement
� Easy to execute & monitor
� Tickets transfer facilities
� It Keeps the records of members details, agents details, banks details, guarantors details &
others
� It Keeps the records of bank & cash receipt transactions
� It Keeps the records of bank & cash payment transactions
� PDC sequence auto generation process
� Receipts printing & emailing facilities
� Bank reconciliation facilities
� Linking facilities with members i.e. agent, area, guarantors and references
� Control setup facilities for interest calculation
� Power full reporting structure provides the full accurate visibility into the projects
� Different types of backups and restoration capabilities i.e. (auto and manually)
� Party group ledgers facilities for party transactions transparency
� Automated letters generation facilities i.e. reminder letter, intimation letter & warning letter
� Multiple types of reports & registers facilities

CFMS Modules
� Master Module
� Member Master
� Bank Master
� Chit Master
� Area Master
� Agent Master
� Reference Master
� Correspondence Master

� Transaction Module
� PDC Entry
� Chit Auction Entry
� Chit Transfer Entry
� Cheque Receipt Entry
� Cash Receipt Entry
� Cheque Payment Entry
� Cash Payment Entry
� A/c Adjustment Entry
� Cheque Return Entry
� Bank Reconciliation Entry

� Reporting Module
� Standard Reporting
� Customized Reporting

� Letters Module
� Standard Letters
� Customized Letters

� Utility Module
� Backup Option
� Restoration Option
� Control Setups

Masters Module
Member Master
� Members Detail: The system will allow you to create N numbers of members by mentioning the
member details, i.e. Member Name, Address, Date of Birth, Pan No., Phone, E-mail ID, Web Site,
Company Detail i.e. Company Name, Type, Address, Phone No., City, Reg. No. & others.
� Other Detail: The system will allow you to enter the other family member’s & business details i.e.
Father’s Name, Mother’s Name, Spouse Name, Children’s Name and others by mentioning the
relation with Date of Birth, Postal Address Detail and other business address details.
� Link Detail: The system will allow you to link the Area, Correspondence, Commission Agent &
Rate, Dividend Status (if defaulter), References and Guarantor with Member.
Bank Master
� Bank Detail: The system will allow you to create N numbers of banks by mentioning the bank
details i.e. Bank Code, Name, Branch, Address, Phone Numbers, E-mail and others details.
Area Master
� Area Detail: The system will allow you to create N numbers of Areas by mentioning the Area
Code, Name and others details.
Chit Master
� Chit Detail: The system will allow you to create N numbers of chits by mentioning the Chit
Name, Chit start on date, Chit closed on date, First Auction Details, Chit Rotation, Minimum Prize,
Number of Members, Interest Rate, Commission Rate, Ticket Allocation Details, Chit Value,
Estimated Ratio and other details.
� Agent Detail: The system will allow you to create N numbers of Agents by mentioning the Agent
Code, Name, Father’s/Husband Name, Address, Contact Numbers, Commission Rate, E-mail and
others details.
Reference Master
� Reference Detail: The system will allow you to create N numbers of References by mentioning
the Reference Code, Name, Address, Contact No., Email Id, Pan No., Members Name with Date of
Birth and others details.
Correspondence Master
� Recipient Detail: The system will allow you to create N numbers of Recipient by mentioning the
Recipient Code, Name, Address, Contact No, City, Pin Code, Pan No. and others details
Transaction Module
� PDC Entry: The system will allow you to enter the N numbers of PDC by mentioning the details
i.e. Bank Name, Cheque No., Numbers of Cheque Received, Auto Generation Option for
continuous cheque series and others details which are received by the chit members.
� Chit Transfer: The system will allow you to transfer any chit ticket to other member by selecting
the member ticket and by mentioning the new member detail with transferring date.
� Cheque Receipt Entry: The system will allow you to enter the N numbers of Cheque Receipt
Entries by mentioning the details of the bank & cheque with provision of printing and e-mailing.
This receipt is generated against the member’s ticket.
� Cash Receipt Entry: The system will allow you to enter the N numbers of Cash Receipt Entries
by
mentioning the amount received details i.e. amount received details, Late Fee Charges and other
discounts with provision of printing and e-mailing facility.
� Cheque Payment Entry: The system will allow you to enter the N numbers of Cheque Payment
Entries by mentioning the details of the member and bank.
� Cash Payment Entry: The system will allow you to enter the N numbers of Cash Payment
Entries
by mentioning the details of the members i.e. Member Name & Ticket No. and amount details.
� A/c Adjustment Entry: The system will allow you to enter the N numbers of A/c Adjustment
Entries by mentioning the details.
� Cheque Return Entry: The system will allow you to enter the N numbers of Cheque Return
Entries
by mentioning the cheque return details and user can also mention the represent date & status.
� Bank Reconciliation Entry: The system will allow you to enter the status of the cheque which are
presented in the bank.

Reporting Module
� Standard Reports: The system will provide the power full reporting module for giving the
accurate visibility and transparency regarding the ongoing projects. The system will provide the
following standard reports for project visibility:
� Customized Reports: The system also provide some customized reports to the customer as per
the customer requirement.

Letters Module
� Standard Letters: The system will provide some standard letters in a pre-defined format and
format can also be changed as per the company requirement.
� Reminder Letter � Intimation Letter � Warning Letter � Notification Letter � Chit Transfer
Letter � Cheque Bonus Letter � Congratulation Letter
� Customized Letters: The system also provide some customized reports to the customer as per
the customer requirement.

Utility Module
� Backup Process: The system will provide the two types of backup systems. First is auto backup
system which executes automatically when user quit from the application and another is manual
which can be execute when user required.
� Restore Process: The system will provide the restoration option to provide data back online
when data corrupted through system or any other failure.
� Control Setup Process: The system will provide the control setup option for automated
calculations i.e. interest calculations for late fee, commission calculation, minimum prize
calculation, bank charges calculation and other calculations.